Samsung raises price of DRAM products amid growing market demand - report
May 12, 2025 9:18 AM ET
By: Ravikash Bakolia, SA News Editor
Samsung Electronics ( OTCPK:SSNLF) has increased the price of its DRAM products, SammyGuru reported, citing South Korean news outlet ETNews.
Earlier this month, the South Korean company has finalized a DRAM supply price increase plan with major customers. The price increased around 20% for DDR4 DRAM and nearly 5% for DDR5 DRAM. However, exact rates vary by customer. The report noted that the company also signed a DRAM supply agreement with a customer at an increased price.
DRAM, which stands for dynamic random-access memory, is a type of RAM that is used in personal computers, workstations and servers.
The market for memory chips is led by SK hynix, and its compatriot Samsung, and to a lesser extent by American chipmaker Micron Technology ( MU). SK Hynix is the major supplier of advanced High Bandwidth Memory, or HBM, chips to Nvidia. The HBM market is spearheaded by SK hynix.
Samsung recently lost its market share in the DRAM business for the first time to rival SK hynix, which is now the global leader in this space, the report noted. |
